POLL: What is worst trading mistake you ever made?

Discussion in 'Educational Resources' started by rcanfiel, Oct 24, 2007.

POLL: What is worst trading mistake you ever made?

  1. Not having a stop in place

    14 vote(s)
  2. Not locking in a huge profit/Getting out too early

    7 vote(s)
  3. Getting into Trading in the first place!

    5 vote(s)
  4. Buying someone else's system/Learning from wrong person

    4 vote(s)
  5. Poor trading decisions early on/Not waiting until I knew more

    12 vote(s)
  6. Fouling up a trade entry/exit (wrong direction, wrong instrument, etc.)

    3 vote(s)
  7. Too much leverage

    14 vote(s)
  8. My choice of broker/broker error

    7 vote(s)
  9. Being undercapitalized

    7 vote(s)
  10. Listening/Not listening to advice of others

    7 vote(s)
  1. POLL: What is worst trading mistake you ever made?
  2. overtrading without a system/plan...
  3. trying to get it back...trading too big when emotional...
  4. yea, I've made that flop also...
  5. I dont get it increasenow, is so easy to MAKE 1 POINT EVERDAY, YEAH YEAH, LETS DO IT. 1 POINT EVERDAY!!!

  6. oh no, I've never said it is "Easy" to get 1 ES point per day...but..just shared how BIG $$$ bucks can be made per 1 ES point per day...because it is so liquid and fat volume wise...YES, I totally believe in the 1 ES point per day reality!!!...lets do it and go for it!!...thanks for the post!!!
  7. Of course its possible, but cheerleading is unnecessary. Go about your business in a calm and professional manner, euphoria/ overload of emotions will make that "1 pt reality" just a pipe dream for you.

  8. john99


    TOO MUCH LEVERAGE, definitely my vote, which corresponds to having good risk management.
  9. That's easy.

    Thinking a stupid pay room service could help me improve my trading, teach me something useful or allow me to take their calls to make some money. The same applies to the countless useless mentorships.

    Say no to the snake oil salesmen, use logic, those who can trade won't teach, and those who teach, teach because they can't trade.... unless they do it out of the kindness of their heart and that's a rare quality.

    All the choices on the poll are important too.

  10. .
    #10     Oct 24, 2007